Home » News » 1,060 Tokens in First eGold Presale Get Sold Out on Day 1

February 9, 2018

The first eGold presale made a record after all presale tokens were sold out in less than 24 hours from the opening day. The initial plan was to give the presale enough time until Feb. 8 to reach the hard cap.

The milestone reached for eGold is a clear indication of the trust and excitement of investors and of the community for the first esports betting cryptocurrency.

Mario Ovcharov, CCO of eGold, said:

“The presale was planned to end on February 8th but we reached our hard cap so fast on the first day, which made us really excited and proud of our project and our community of supporters. We would like to thank all who took part in our project now. This is a solid proof of the huge potential that eGold holds for the industry and its members. We can’t wait to start the eGold sale which promises to achieve even better results.”

eGold , which is supported by UltraPlay, will give esports bettors easy and secure ways to wager on popular esport matches like the ESL and the International.

2 More eGold Presale Campaigns this Month

There are three scheduled token sale periods for the eGold ICO. The first period is the presale which ran from Feb. 1 to 8. This is when eGold is at its cheapest wherein 1 ETH is equal to 1,060 tokens.

There are a limited number of tokens available during the presale which equals to 500 ETH. eGold collected about $500,000 shortly after the first campaign.

Investors still have two more chances to buy eGold early with two upcoming sale periods. There is the Power Day on Feb. 18 wherein 1 ETH is equal to 1,020 tokens and Power Week from Feb. 19 to 25 wherein 1 ETH is 977 tokens. There are still 4,500 worth of tokens available throughout the last two period of the ICO.

Value of eGold to Esports Punters and Fans

eGold is an Ethereum-based cryptocurrency that uses the Smart Contract Blockchain technology. The network can create a unified sportsbook community that runs in a secured environment. Punters are assured that they can safely retrieve their winnings.

Many major cryptocurrency exchanges are expected to support eGold when the esports betting platform goes live. This makes it easier for punters to cash out their winnings.

Ovcharov added:

“eGold token will also be traded on major crypto exchanges soon. We are proud to present our own eSports betting cryptocurrency that aims to become the first-choice payment method for the eSports punters and crypto fans worldwide.”

UltraPlay is behind the creation of the eGold currency. People within the company have extensive knowledge when it comes to traditional sportsbook and esports. This allows UltraPlay to offer competitive odds for popular esport games like Dota 2 and CS:GO. Its experience in the esportsbook industry is fully utilized during the creation of eGold.